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UK financial regulators welcome more oversight, not competitiveness goal, BOE’s Woods says

By Fiona Maxwell
  • 16 Mar 2021 05:15
  • 16 Mar 2021 05:15
UK financial regulators recognize the need for additional scrutiny of their work given their increased policymaking powers after Brexit, Bank of England Deputy Governor Sam Woods said today, while reiterating concerns over an industry push for regulators to be given a competitiveness objective.
Woods said he didn’t believe the BOE’s

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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